Conclusion

As BitVM evolves, addressing key challenges in scalability, efficiency, and security is crucial for its success in real-world applications. Advancing Bitcoin-friendly cryptographic primitives, such as efficient commitment schemes, tailored hash functions, and low-bit-width pairing techniques, will lower costs and enhance decentralization. Automating the compilation pipeline with layout optimization, automated code rewriting, and user-friendly interfaces will streamline protocol design and unlock new possibilities beyond the original permissionless bridge concept. Formal verification and runtime security mechanisms will ensure the correctness, reliability, and safety of BitVM programs, safeguarding assets and fostering trust. These advancements position BitVM to fully realize Bitcoin's potential as a secure and versatile platform for decentralized innovation.